Economy

Hochul said the checks are designed to offer “immediate relief for working and middle-class families,” especially those who’ve felt squeezed by rising costs at the pump, grocery store, and utility counter. But for many New Yorkers, the…
Read More...

However, while the bill offers financial relief to working households, it also imposes stricter requirements for those receiving Medicaid and SNAP benefits. Under the new rules, able-bodied adults between the ages of 18 and 64 must work a…
Read More...

According to the Big Mac Index maintained by The Economist, the U.S. average in 2024 was around $5.69, though prices vary based on location, taxes, and franchise pricing. Shrinkflation changes often happen gradually and subtly, making them…
Read More...

According to reports from tech publication MacRumors, the newly updated store will feature a modernized wood-and-glass façade and include an Apple Pickup station for customers who order products online for in-store collection. File photo:…
Read More...

Long Islanders are among the largest recipients of STAR benefits. Approximately 582,000 Nassau and Suffolk County homeowners will collectively receive nearly $700 million in tax relief this year, according to state records. Homeowners can…
Read More...

Famous “the end” sign at Duryea’s dockside restaurant in Montauk, New York. Once a thriving industry along the Connecticut and Long Island coastlines, the lobster fishery experienced a dramatic collapse in the late 1990s and early 2000s,…
Read More...

The law was introduced following rising concerns over retail violence, theft, and active shooter incidents in stores. Failure to comply with the RWSA could lead to enforcement actions from state authorities, in addition to exposing…
Read More...

The route was initially announced in January 2024 as part of JetBlue’s seasonal expansion for the summer. The airline had scheduled daily nonstop flights between Boston and Islip, slated to begin in early May 2025. However, the plans were…
Read More...

This transit-oriented project is strategically located near the West Hempstead Long Island Rail Road station, providing residents with convenient access to Manhattan. The project is scheduled for completion in 2026. File photo: Rosemarie…
Read More...

​ A DailyMail.com/J.L. Partners poll conducted from March 31 to April 3, 2025, indicated that President Trump's approval rating rose to 53%, a 4-point increase from the previous week. This uptick coincided with the announcement of new…
Read More...

Kristen Reynolds, the current CEO of Discover Long Island, is expected to be named the next CEO of Choose Chicago — a position considered one of the most influential and highest-paid public roles in the city, with a salary of $520,000.…
Read More...

The Long Island Forward Housing Program aligns with Governor Kathy Hochul’s broader housing agenda, which includes a five-year, $25 billion statewide plan to create or preserve 100,000 affordable homes. File photo: Richard Cavalleri,…
Read More...

Currently, the top one percent of earners contribute approximately 40 percent of all federal income taxes, while the top five percent account for about 66 percent of total income tax revenue. Eliminating income taxes for those earning…
Read More...

The data was gathered by a Douglas Elliman Real Estate report for the fourth quarter of 2024 which indicates the number of available homes for sale reached a record low, contributing to the competitive market conditions. File photo: Andy…
Read More...

There has been a decline in households with individuals under 18 on Long Island. Trend has significant implications for housing, services, and the overall socioeconomic landscape of the region. File photo: Andrey_Popov, licensed. …
Read More...

New York City's congestion pricing, effective January 5, 2025, imposes tolls on vehicles entering Manhattan south of 60th Street. The pricing zone covers Manhattan below 60th Street, excluding the West Side Highway (Route 9A) and the FDR…
Read More...

Jamie Dimon, CEO of JPMorgan Chase, urges the next U.S. president to steer clear of political extremes. Dimon emphasizes that the country needs leadership that unifies and focuses on pragmatic solutions to economic and social challenges.…
Read More...

The root of the problem lies in the significant increase in rental prices across Long Island, driven by a combination of factors including high demand, limited housing supply, and inflation. File photo: Sorbis, ShutterStock.com, licensed. …
Read More...

Eligible residents can receive one air conditioner, valued up to $800, including installation. For homes with existing wall-sleeve units, the program will cover costs up to $1,000. In cases where air conditioners cannot be safely…
Read More...

President of Ukraine Volodymyr Zelenskiy is answering questions from journalists during a large summary press conference in Kyiv, Ukraine, December 19, 2023. File photo: Paparazzza, ShutterStock.com, licensed. NEW YORK, NY - Between…
Read More...

Companies of all sizes, from major tech corporations to startups, are undergoing organizational changes that are resulting in significant job losses. The frequency and scale of layoffs are causing concern among millions of tech…
Read More...

File photo: Gguy, ShutterStock.com, licensed.
Read More...

A report by State Comptroller Thomas DiNapoli has spotlighted that nearly $14 million directed towards causes like breast cancer research and veteran homelessness through state tax return checkoffs has remained unspent. File photo: Lev…
Read More...

The iconic company is a significant cultural marker, widely recognized for sponsoring the Thanksgiving Day Parade in New York City and serving as the backdrop for the holiday film favorite, “Miracle on 34th Street.” File photo: TD Dolci,…
Read More...

 Gov. Kathy Hochul visited Long Island on Thursday as the first place in the state to tout her budget proposals.  File photo: Lev Radin, ShutterStock.com, licensed. GLEN COVE, NY - Earlier this week, Governor Kathy Hochul presented her…
Read More...